Latest Forum Topics / Renaissance United Last:0.001 -- | Post Reply |
Neglected, Illiquid, Undervalue, Recovery counter
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teeth53
Supreme |
29-Sep-2013 10:31
Yells: "don't learn through life, learn to grow with life " |
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IPCO big boss oso know very well, got profit on table, why don take?. The run up  is too good from 0.033c  to 0.044c in just one day.  http://infopub.sgx.com/FileOpen/EdwardLeeForm3.ashx?App=Announcement& FileID=257868 Disposed off by SSH. Mr Edward Lee  - 73,216,000 mil shares.
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Bigmama
Master |
29-Sep-2013 09:06
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No... No... I prefer it go up from here as I am 90% loaded at 2.6-2.7.
Well if it drop to 3, I will buy back my last 10% but I prefer not....I rather it fly then go another round of march till sept. but it is the market who decides....
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nqing87
Veteran |
28-Sep-2013 23:23
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likely will retrace, but i dont think we can see below 3 cents.. 'cos blumont in march is around 30+ cents.. blumont now is $2.40+ after XR, so there will be ppl like me who is drooling over this blumont meat.. further supported by charts, which is showing higher highs & higher lows.. bigmama, think u would really hope ipco retrace back to below 3 cents so that u can buy back lol.. agree with u that those buying high above 4 cents need to hold a while or cut their losses.. good chance to buy at dips, when ipco retrace a bit.. my personal view
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Bigmama
Master |
28-Sep-2013 22:29
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Then what happen in March happen again.
It started at 2.3 -2.4and shoot to 3.8 ( I think) drop back to 3.3 the next day and drift back to 2.7 in a few days. All these euphoria and celebration is for nothing.... The one who smiling to the bank is Edward. I think very few make from this super spike but quite a lot lose money and in fear now.
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cobrajr
Member |
28-Sep-2013 22:09
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Q 0.032 again
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Bigmama
Master |
28-Sep-2013 21:32
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Almost everyone who buy this week lose money and still holding on.... Careful.... When contra due this coming week.... Who will buy from these people. | ||||
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nqing87
Veteran |
28-Sep-2013 15:25
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what anita wrote is old news, but at least she sharing more facts about ipco and less personal opinions, which is the info that public should get.. my personal opinion of ipco is i feel they are still kinda slow is getting things run.. they should have already planned out what they are going to do in the milestone with the paper gain they have in blumont.. i feel that in between there will be up & down for ipco, and traders can benefit from them.. traders punt it, 'cos every1 knows the potential of ipco and how undervalue it is now.. the moment it surge, alot ppl get drain inside 'cos they thought market has finally give recognition of the fair value gain ipco should get, only to get stuck once again.. i think that the approach to invest in ipco is like what edward & bigmama are doing, ie sell some shares to profit on short term, hold the rest for longer term.. we never know when ipco decide to chiong to its fair value.. on the longer term, it probably should be going upside most likely, unless blumont collapse back to few cents before they can realise their profit..
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hmphie
Senior |
28-Sep-2013 13:55
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Looks like a case of goh eng yeow vs anita gabriel...who's correct, who's wrong? But Anita interviewed Dato in February when he bought into Ipco.
Maybe Dato whispered something to...? :p
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hooh8787
Member |
28-Sep-2013 13:44
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1000 1000 bot now can't hold toa ki ..... | ||||
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nqing87
Veteran |
28-Sep-2013 11:53
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i prefer today's article on ipco more than goh eng siao's coverage which tend to feed in his own opinions.. factual stuff, but some are not in detail, for example the fair value gain ipco has on blumont and this can actually heighten interest in ipco.. still think the article is alright as i think that's what the general public will think of ipco as of now.. i think most ppl just think that ipco is just punted & speculated up for no reason, and this article seems to imply that.. 
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nqing87
Veteran |
28-Sep-2013 11:44
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sell-off is likely to be profit taking.. base on previous trading patterns of ipco, usually when ipco chiong, media will comes in & dampen the mood, price likely to fall back a bit.. so why hang on if the chances of a retreat is high? he can buy back more shares when ipco consolidate.. and someone did try to cause panic selling last week in blumont & innopac.. innopac didnt recover & drop a few cents, but blumont ended up hitting record high.. some joker sell blumont shares at 1.40+, causing it to drop 50cents on 1 day, only for it to pick up & close green at end of the day.. and also, so far, blumont rise has never cause ipco to chiong a lot.. just a volume surge few days ago attracted media attention.. so many pennies have been going up more than the 16% rise ipco has, with smaller volume..
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yummygd
Supreme |
28-Sep-2013 10:41
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Lol dun forget Bb's fav style! Oppa pump n dump style!!! Dun worry!! No prob one.
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paccch
Member |
28-Sep-2013 10:27
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FYI, Edward lee is only a prawn in Ipco shares acquisition, similiar to Ooi in Blumont. Ipco is definitely not for short term play. They are planning some acquisition thru  stocks issues, probably next year. Anything below 0.15 will be worth vesting. Look for times returns in investment instead of percentage gains Been vested in Ipco since 0.02 to 0.046 Previously also vested in Asiasons and Blumont
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solidbuy
Veteran |
28-Sep-2013 08:53
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He said when got profit, try to donate. So I believe him. But he also said play only if can hold...Let' HUAT!
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solidbuy
Veteran |
28-Sep-2013 08:50
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He is always a good man....:)
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hmphie
Senior |
28-Sep-2013 08:50
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Pretty factual reporting with nothing new to add. But interesting closing line in the report. "Meanwhile, the belief that there is change in the air and that it will bring new businesses to the firm has been played hard by punters."
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hmphie
Senior |
28-Sep-2013 08:38
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Higher highs and higher lows have been formed over the months. With each spike, more ppl are induced to sell their current holdings and buy back at a higher base. This provides some support to overall price action of IPCO. Eventually, this higher base either leads to even bigger spikes or will cushion SSHs from say a huge global crash.
In short, it may be hard to buy at the kind of low levels which you see from 1-2 years ago again. |
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OrangeApp
Member |
28-Sep-2013 08:34
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Interesting article about IPCO in today Straits Time... | ||||
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explosive2013
Member |
28-Sep-2013 08:34
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Why edward sell off? I guess he know someone will sell down blumont to create investor panic
And eventually ipco go down to 0.025 or 0.021. This is god damn work. Typical manipulator tatics. I believe edward will sell more next week yo make it break 0.035 support and follow by blumont drop to 1.60 again. |
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Bigmama
Master |
28-Sep-2013 08:32
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Yes, he sensed the boat is sinking and he gave me one of the remaining life jacket and keep pushing me out.... I was resistance but listen anyway..... He prevent other snatching my life jacket by telling them the titanic ship if fine and reaching new york soon......He went down with the ship brave with his most loyal band playing happy song......me and a few was in the water dark and cold..... Only now I realise he was good to me. Lol
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